# 404 Third Street, Clearfield, IA 50840 > **TL;DR:** residential multi family, $130,000. Est. $695/mo. Listed 139 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $130,000 | | Lot Size | 12,632 sqft (0.29 acres) | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 139 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $657 | | Estimated Insurance | $38 | | **Total** | **$695** | ## Property Highlights - 0.29 acre lot ## Description ### Agent Description Preferred Properties presents a new investment opportunity in Clearfield! Expand your portfolio with this income-producing property featuring three separate manufactured homes situated on a shared lot, providing multiple rental income streams from a single property. Each home offers 2 bedrooms and 1 bathroom, making them attractive options for tenants seeking comfortable, affordable living. Unit 1 has been enhanced with modern updates, including an updated bathroom and newer flooring. The property has a strong history of generating rental income and is well-equipped for tenant convenience, with private parking available for each unit. The shared yard maintains the practicality and efficiency of a multi-unit investment. Whether you're looking to add to your existing portfolio or purchase your first income property, this established rental offers immediate investment potential in Southwest Iowa. ## Location - **Address:** 404 Third Street, Clearfield, IA 50840 - **County:** Taylor - **Coordinates:** 40.800517, -94.476514 - **Google Maps:** https://www.google.com/maps?q=40.800517,-94.476514 ## Virtual Tour & Media - **Video Tour:** https://southwestiowaland.com/detail.php?lid=1006 ## Listing Agent - **Name:** Maury Moore - **Brokerage:** Preferred Properties of Iowa, Inc. - **Phone:** 6413332705 - **Broker Phone:** 6413332705 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/404-3rd-St_Clearfield_IA_50840_M98702-88378?f=listhub&s=NYSMLS&m=11878426&c=propsimple) ## Photos ![404 Third Street - Photo 1](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f1308062005r.jpg) ![404 Third Street - Photo 2](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f23120521r.jpg) ![404 Third Street - Photo 3](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f1905600039r.jpg) ![404 Third Street - Photo 4](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f2340494353r.jpg) ![404 Third Street - Photo 5](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f3864000923r.jpg) ![404 Third Street - Photo 6](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f21408293r.jpg) ![404 Third Street - Photo 7](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f2736516786r.jpg) ![404 Third Street - Photo 8](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f1671305207r.jpg) ![404 Third Street - Photo 9](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f1226880758r.jpg) ![404 Third Street - Photo 10](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f3570685403r.jpg) ![404 Third Street - Photo 11](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f2621168155r.jpg) ![404 Third Street - Photo 12](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f3207096966r.jpg) ![404 Third Street - Photo 13](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f746023998r.jpg) ![404 Third Street - Photo 14](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f4066731683r.jpg) ![404 Third Street - Photo 15](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f3537180293r.jpg) ![404 Third Street - Photo 16](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f3218361557r.jpg) ![404 Third Street - Photo 17](http://lh.rdcpix.com/5aa7563d93710b3f50790f218faee4b9l-f1594308895r.jpg) --- **MLS#:** 11878426 | **Updated:** 2026-07-17 **Source:** listhub *Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/404-third-street-clearfield-ia-50840-11878426) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/404-third-street-clearfield-ia-50840-11878426#listing", "url": "https://www.propertysimple.ai/listing/404-third-street-clearfield-ia-50840-11878426", "name": "404 Third Street, Clearfield, IA 50840", "description": "Preferred Properties presents a new investment opportunity in Clearfield! Expand your portfolio with this income-producing property featuring three separate manufactured homes situated on a shared lot, providing multiple rental income streams from a single property. 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